I am writing to you to express my concerns about current tax laws. I believe the current system is flawed, and tax reform is necessary. Recently, news outlets have disclosed that Apple has held an estimated $181.1 billion in offshore accounts. Apple would owe an estimated $59 billion in U.S. taxes if its profits were held in the U.S. One of the consequences of what Apple and many other corporations are doing is depriving our government of necessary funds to be used to promote the general welfare. Tax reform is necessary to provide incentives to Apple and many other corporations to bring its profits to the U.S.
Tax reform is also necessary to promote simplicity, efficiency, and equity. Making the overall tax system simpler will reduce administrative
Tax reform is also necessary to promote simplicity, efficiency, and equity. Making the overall tax system simpler will reduce administrative